Monthly Archives: January 2015

Providing guidance is a sacred calling. I had a chance of taking care of these lovely ladies to different area in Manila (Philippines) Being a tour guide is not a joke.

Here are my top 4 lessons I learned when you need to accompany people from other parts of the nation/globe

1. Always be ready with your answers

You got your itinerary with you and you know the location even you are not a pro make sure to be excellent with what you are doing. Provide answers to different questions and give them a historical emphasis why this place matters a lot. Don’t just bring them to the mall and show them how good is that because there is also a large mall in their place.

2. Be sensitive to their needs.

Never forget that you are also in charge to their safety and security. As a tour guide this is a must factor. Every thing that they need must be available and you should know whether they need something else especially when they are thirsty or hungry.

3. Be ready when something unusual happen

The last 3 hours of the tour ended up with a bang. As a man and a tour guide you need to understand that you are the compass to the ladies you are with. Never ever assume that they already knew exactly the location of the airport because that Is your primary responsibility too. Always be calm and never ever lose your composure. Anger will not give you anything but will surely cost you something.

4. Remember to be grateful no matter what happen.

Regardless whether you flunk or passed as a tour guide you need to recognized that it happened for a reason. Gratefulness will changed your perspective towards things. It will give you something to ponder instead of blaming or killing yourself with what happened just choose to be happy and move on. Please make them feel welcome and leave a lasting impression to the visitor.

Our community church had our yearly prayer and fasting. It was awesome because we are believing that we will be experiencing God’s goodness not within the past week but this year we are dedicating our lives to Him.

In terms of honoring your body you need to know first what does it mean by honor. Honor is giving back the

Now,

Financially speaking i will elaborate more why you will experience victory over finances once you fully understand why you need to also honor God thru your body

1. Get away from the prostitutes

Recently I just had my tooth removed and my earphone stuck in both ears as I went back home all of a sudden a guy kept on making gestures. I removed one of my earphone and I asked him to repeat what he just told me. He presented his lovely products, soon i noticed plenty of girls around the corner waiting to be hitch worth 300php only. What I did was to flee away from them. I can’t imagine I had an encounter with a “bugaw” a.k.a mamasan in Japanese context. Imagine the worth of medicines that you need to purchase once you get STD’s. Please think with me, see how horrible the feeling of not being able to have sex with your lovely wife because of the fear that she might get what you have. For only 300 php you placed yourself in a deep financial and emotional problem

2. Do not Drink and Smoke all the time.

Every single day many people die because of poor health but you need to understand that you can make your health improve. The leading cause of death right now is because of hypertension and heart disease. Lung diseases and liver cirrhosis is catching up with this trend. Drinking and having addicted to cigars are not just an overnight problem. Remember that in personal finance if 1 pack of cigar is 20php and you are consuming 7 packs a week multiply it in 4weeks then do it again for 12x

Here’s the computation 6720 for a year and if you will invest it in a really good mutual funds that has 12% rate for 10 years

3. Exercise at least thrice a week

Yes I know. It is uncommon but this year c’mon please be serious. Get out from your comfort zone. Try to improve your waistline and time to remove all those fatty tissues that’s covering your six pack abs. 🙂 According to the recent studies with emphasis in research those who manage their health also increase their productivity. I am already doing it and believe me it will also increase my happy hormones that can combat diseases. Less exercise the more chances that you will invite those viruses.

The question has a lot of answer and it is really fascinating in terms of finance what we normally consider in investing is the risks and returns in the long run.

Here are the following hot trending answers for all the 20’s and 30’s

1. Real estate is the big deal. Yes it is true because of the passive income investors are getting. Looking at Henry Sy’s family wealth. They are getting a lot of his cash from those companies/ tenants that’s leasing in his property. Many millionaires see this as a big opportunity. SMDC, Ayala Land, Mega World and Robinson’s corporation knew this secret.

2. Mutual fund is getting huge nowadays since many Banks or companies are asking first time investors to start as low as 5000 php. With the use of cost averaging system sooner or later your funds will grow as big as million in a couple of years if you got discipline.again, if you have commitment to your goals.

3. VUL or Variable Universal Life for ordinary Filipino who is an average earner having Variable link insurance is already good enough. Since investing is for those people who have the knowledge, time and money then you as an average earner with a limited time can use this to increase your wealth while you are also getting protected. Variable unit link is an insurance with matching investment. I also consider it as the fully loaded meal of KFC which has a lot item attach to it.

Looking at it in a different side. Here are the two investment that will give you 100+% return guaranteed.

4. Family and true friends is one of the best investment you will have in your life. All money that you got maybe gone in time but the only thing you got will be your family and real friends. With the right amount of effort, time, respect you will earn more surely.

5.The best investment for me is to start within yourself. Proper Nourishment to all aspects in your life (body, mind, soul) will surely pay off. I already got scam when I was young without reading and asking questions I got easily tangled with all the promises of other people that was to good to be true. After that I learned so much but it was painful.

6. Invest in the next generation. Imagine your kids living in a world that is at peace, no war against each other and people living united as one. That is something that I’m doing now. I am supporting campus missionary using the money that God entrusted me. What the campus missionary is doing is to train the youth to have a change lives. I believed that if we want our society to change soon that should never end to us. We need to invest to them.

The best time to start investing is right now!

David Isaiah Angway is a RFP and a financial consultant for IT-BPO-Banking, HealthCare Industry and Manpower Agencies. He is a conference speaker and was featured in ANC On the money, Bloomberg TV Philippines. He is also columnist at BusinessMirror, Rappler, and MoneySense magazine. He is a licensed nurse and a former Senior Fraud Specialist of the largest bank in the world, JP Morgan Chase & Co.

He is the CEO and founder of WinLongTerm Financial Consultancy, helping young urban and educated millennial (Gen Y). It sets and achieves their long-term financial goals by empowering them through behavioral finance.

For more information and concerns subscribe to winlongterm.com Facebook page or contact me at david@winlongterm.com, here’s also my mobile number 0925-787-7796

One of the best thing that our God entrusted us is to have 24 hours 7 days a week. Whoever you are and whatever you do we are all equal. Recently I realized that I had lost so much of my time in the past. Here are the list in a non particular order.

1. Sleeping 8-12 hrs a day

I am guilty of this. Everybody loves to rest but the recommended time per person is just 6-8hrs. Exceeding it is going to be a problem especially if you got errands to do or projects that you need to present to your boss. Spending your time is like spending your money. Spending half of your money to the things that’s considered unproductive will make you poor.

Solution: Ring the alarm and do your planning for the day. It will surely change your perspective from now on.

2. Watching too much koreanovela or number 1 series in america

I love Walking dead or How I met your mother but they never added value to me. I am not killjoy but spending my time to things that never give value to me is like turning on the aircon without me experiencing the coldness of it.

Solution: I normally spend 1 hour or sometimes even less than an hour since I noticed the impact of Tv in my life.

3. Facebook for more than an hour just checking my news feed.

Using Social media too much is taking us away from reality. I used Facebook and I have been hook to it. I still remember that 1/6 of my day was checking my news feed or whether someone already liked my post (c’mon you are also guilty on this) but the turning point was when I realized that I am losing so much time that I thought I can still regain it and still be productive but that old time was not there anymore.

Solution: Checking my news feed for 5mins is good enough for me now and because I noticed 50% of my friendslist are just posting either the food that they ate or their selfie for the day. Right now you see a generation of Me, myself and I.

4. Traveling via EDSA

It is really a torture once you travel via this road. A recent study shows every year Philippines is losing millions of dollars because of too much traffic here at EDSA. My place is only 15 mins away from my work but once you reach the most unholy hour which is 4pm till 8pm weekdays i normally stuck for about an hour or forty five minutes. Imagine the time that I lost instead of spending my time in my crib, I was sitting waiting for the traffic to subside.

Solution: listen to any podcast like (Entreleadership) by Dave Ramsey instead of listening to the latest craze in music.

5. Reading online tabloids (dailymail.co.uk)

Most of us hate but who cares I love reading. I consider it as my favorite hobby since last year but I learned that gossip news is somehow enticing to all of us. We want to learn more about the latest news about the celebrity internationally or what’s trending worldwide but the downside aspect on this is we normally spend so much time in other peoples lives instead of focusing on how we can improve our lives.

Solution. READ books about the life of Rags to Riches

Maybe you are currently figuring out how to manage your time properly and even waking up early just to finish all your project is not being helpful you know what to do, you need to change your behavior towards every moment of your time. Remember to plan and write it down. Lastly put actions to it.

We normally neglect these when we are so excited into investing our money but if you will build your house upon the sand you are heading for a disaster. Instead build your house upon the rock.

1. Start saving.

Saving every pay day will give you massive discipline to create wealth. The skills that you will get is so good that you will exercise your financial muscle to sustain heavy lifting. Before you lift big barbel you need to start from very little to avoid potential injury. Like saving very little it will give you enough preparation for something bigger. It is essential to start small and progress every step of the way.

2. Set up emergency fund.

You are already making a progress with your finances and things are doing very well. Now, you are ready for the next adventure which is going thru the ultimate emergency fund. If your average monthly expenses is 10 thousand only then multiply into 6x (6months) just in case someone might get sick or someone just got laid off from the family your investment still secure. The principle behind 6x is you are preparing for the worst case scenario.

3. Study your investment.

You need to prepare and know your risk tolerance. Maybe you are already at the edge of investing your hard earned money but you don’t know what is the best then studying will answer your questions. I love this part because I got scammed before with the amount of 35-40k.It was a big lost for me. With a proper preparation you are on the right side.

4. Commit to a particular amount.

You are reading this because you are not a millionaire yet or maybe you don’t have tons of money in your bank account but don’t worry because your commitment will be the strongest force in the universe once you start making investment as your hobby. While your other young professional still hanging out and spending a lot of their salary to all the latest gadgets you are so blessed because this year will be the year where you made a commitment that no matter what happened your future is something that is important.

You might be struggling somewhere in your finances now but the storm will simply pass. The sun will rise again. A new morning is waiting. Never lose hope.

Last year was a blast for me. I achieved the discipline of saving and giving consistently. Well it was good but I know this year will become better. But, how do we normally start with our finances this year if we are in a massive debt or how to practically start from the very scratch.. I got basic steps for you. This is not a quick step guide how to be a millionaire but every millionaire know this.

1. Evaluate your past year

Get a piece of paper and start by evaluating your past performances because you will confront your weakness and opportunities. Many of us don’t know where they are now but they know where to go. You need to face the truth that you are currently in a bad situation or you are not progressing with your financial goals. By simply doing that you will achieve more because of awareness.

2. Read a lot and apply

The late Ernie barron said that Knowledge is power but for me without applying what you know you are useless. Many of us know that we need to do something but we are always procrastinating (ouch). Your finances is very important and you must believe that this will be resurrected this year. You need to read blogs or books, follow personal finance guru like dave ramsey, randell tiongson, suze orman or larry burkett. They taught me a lot by simply following their personal finance tips.

3. You must Pray according to His will and expect an answer

There’s a lot of distraction and things that we cannot control in this life. Perhaps you might be wandering right now what to do with your finances or you don’t know what to do because you are in massive credit card debt. Prayer is so powerful because you are letting God move in areas of your life. In the bible God says a lot about money. More than 2000 verses in the bible and that means God wants you to prosper all you need to do is to follow those principle that He keeps on telling you. Grab a bible start reading the works of Solomon (wisest king ever lived) the book of proverbs contains a lot of stewardship and financial management principles so might as well read it and apply.